Supplier Relationship Management Software (SRM) involves working with suppliers every day. SRM Software is used for engaging your vendors, partners, and more effectively. By using the system, you can automate your Supplier Risk Management, analyze the data you have in store to decide on where to spend budget, improve your vendor performance with tools, increase your ROI, and monitor your supply chain. Supplier Collaboration Supplier collaboration is a process where two or more companies work together to bring products and services to market. It can be done through joint ventures, acquisitions, or partnerships. The benefits of supplier collaboration include: • Increased efficiency and speed of product development. • Greater access to new markets and customers. • Reduced costs due to shared resources and synergies. • Improved quality due to the expertise of multiple parties. Category Management Software Category management software is a type of software that helps busin...